Lower East Side Family Union

Analysis

Lower East Side Family Union is a registered charity in United States, based in New York, NY. It received its IRS tax-exemption ruling in November 1974, 52 years ago. Its declared purposes cover human services, which this site groups under poverty relief. The IRS classifies it as a publicly supported organisation (donations from the general public) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, Lower East Side Family Union reported income of $3.6m and spending of $3.7m, spending 100% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $3.6m to $3.6m (+1.0%), an average of +0.3% a year. The sharpest change came in the year to June 2023, when income rose by 20%. Over the whole period it spent 100% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Lower East Side Family Union sits at the 88th percentile: it is larger than about 88% of them. Against every charity in United States with reported income it ranks in the 90th percentile, and in the 87th percentile within NY. Charities of a similar size with the same main cause include Let Them Live Action Corporation ($3.6m), Dion S Chicago Dream Inc NFP ($3.6m) and Supportive Services Corp ($3.6m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 100% of the total. Compensation of current officers, directors and key employees was $277k (7.6% of expenses). Other salaries and wages came to $1.9m. At year end it held assets of $1.7m against liabilities of $1.1m, net assets of $667k. It reported 79 employees.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.